401(k) · DOL Form 5500 · 2022

Summit Design and Engineering Services, PLLC 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
380
Participants Below avg headcount
73rd
Percentile by assets National rank
$41,428
Avg per participant Low balance/head
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Official DOL plan name: Summit Design and Engineering Services, PLLC Employees Savings Trust · Sponsored by Summit Design and Engineering Services, PLLC · North Carolina · Professional & Technical Services

$16M in assets, 380 participants

Summit Design and Engineering Services, PLLC's Summit Design and Engineering Services, PLLC Employees Savings Trust reported $16M in total assets and 380 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #15,747 in Professional & Technical Services (21,562 peers)

Coverage in North Carolina

Summit Design and Engineering Services, PLLC Employees Savings Trust covers 380 participants in North Carolina, about 46% of the average North Carolina filer (state average ~819 per filing). Assets: $16M.

#15,747
in Professional & Technical Services (21,562 peers)
-5.6%
assets change YoY

The plan reported a net loss of $926K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Summit Design and Engineering Services, PLLC Employees Savings Trust's outsized position by total assets

Summit Design and Engineering Services, PLLC Employees Savings Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$15,742,499 Top 27% higher than 73% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Summit Design and Engineering Services, PLLC Employees Savings Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Design and Engineering Services, PLLC Employees Savings Trust sits mid-pack in the medium band (380 participants).

DOL schedule card

Filing strip 300236228 · Summit Design and Engineering Services, PLLC PY 2022 · 401(k)

Summit Design and Engineering Services, PLLC Employees Savings Trust · $16M · 380 · 73rd

  • VS-ST $16M
  • VS-ST 380
  • VS-ST 73rd
  • VS-ST 401(k)
  • VS-ST near Hpi 401(k) Plan
  • VS-ST ind #15747

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in North Carolina →

Summit Design and Engineering Services, PLLC Employees Savings Trust in the asset neighbourhood

Summit Design and Engineering Services, PLLC Employees Savings TrustSummit Design and Engineerin…$16MHpi 401(k) Plan$16MSchmueser Gordon Meyer, Inc. 401(k) PlanSchmueser Gordon Meyer, Inc.…$16MSloane Automotive Group 401(k) Profit Sharing PlanSloane Automotive Group 401(…$16MNotions Marketing 401(k) Plan$16M
End-of-year total assets ($M) among Summit Design and Engineering Services, PLLC Employees Savings Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$16M
Net Income-$926K
Employer EIN300236228
Plan Effective Date2004-04-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Design and Engineering Services, PLLC)

Sponsor-wide plan assets over time

All Summit Design and Engineering Services, PLLC plans reported in each filing year

Latest sponsor-wide plan assets
$24M 53.85608091828369% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $15.7M $24.2M ▲ +53.9%
Year Plans Participants Total Assets
2022 1 380 $16M
2023 1 422 $20M
2024 1 427 $24M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Summit Design and Engineering Services, PLLC Employees Savings Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Summit Design and Engineering Services, PLLC Employees Savings Trust, Total assets ($B): 0.015742499 · Participants: 380Summit Design and Engineering Services, PLLC Employees Savings TrustThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Summit Design and Engineering Services, PLLC Employees Savings Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Summit Design and Engineering Services, PLLC Employees Savings Trust side-by-side with 3 peers →

Summit Design and Engineering Services, PLLC Employees Savings Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Hpi 401(k) Plan in MD ($16M); by covered participants it is The Healthalliance Hospital - Broadway Campus 401(k) Savings Plan in NY (380 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (380 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Summit Design and Engineering Services, PLLC Employees Savings Trust assets move in 2022? ▼
Summit Design and Engineering Services, PLLC Employees Savings Trust pulled back noticeably - down 5.6% during 2022, from $17M to $16M. Reported net income was -$926K.
How have Summit Design and Engineering Services, PLLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Design and Engineering Services, PLLC's sponsor-wide assets grew 53.9%, from $16M to $24M.
Which 401(k) plans are similar in size to Summit Design and Engineering Services, PLLC Employees Savings Trust? ▼
Among 401(k) plans in other states, the closest by assets is Hpi 401(k) Plan in MD ($16M, 70 participants).
Which 401(k) plans cover a similar participant headcount to Summit Design and Engineering Services, PLLC Employees Savings Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is The Healthalliance Hospital - Broadway Campus 401(k) Savings Plan in NY (380 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 300236228.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.